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Ares Management Corporation announced the final closing of Ares Pathfinder Fund III, L.P. and Ares Pathfinder Fund III (Offshore), L.P. (together, “Pathfinder III” or the “Fund”) at $8.5 billion in LP commitments. The Fund was oversubscribed and... Read Story

Filed Under: Private Credit
June 10, 2026 @ 08:15 AM

CIT Northbridge provided a $25 million secured credit facility to Huron Valley Steel Corporation (HVSC), a leading recycling processor of shredded nonferrous mixed metals.Headquartered in Trenton, MI, Huron Valley Steel Corporation specializes in... Read Story

Filed Under: Recycling
June 10, 2026 @ 08:12 AM

Barings, one of the world's leading alternative investment managers, announced the expansion of its Senior Leadership Team to advance strategic growth initiatives, including further scaling and enhancing the firm’s global product offering. Brad... Read Story

Filed Under:
June 10, 2026 @ 08:11 AM

Raven Capital (“Raven”), an alternative investment firm specializing in asset-based, non-sponsor private credit, announced the successful arrangement of a $655 million refinancing for Elevate, a leading provider of innovative online credit solutions... Read Story

Filed Under: Lender Finance
June 10, 2026 @ 08:10 AM

The International Factoring Association (IFA) announced the appointment of five new members to its Advisory Board, each serving a two-year term. The Advisory Board plays an integral role in the association by providing guidance, industry perspective... Read Story

June 10, 2026 @ 07:30 AM

Fund Street Technologies LLC ("Fund Street"), a leading technology-enabled small business financing platform and parent company of One Park Financial, announced the successful closing of a $45.5 million investment grade 7 year corporate note.... Read Story

Filed Under: Industry News
June 10, 2026 @ 07:10 AM

RBC Global Asset Management (U.S.) Inc. ("RBC GAM-U.S.") announced the launch of the RBC BlueBay Enhanced Income Fund ("the Fund"), a closed-end interval fund providing U.S. investors with access to alternative credit markets through collateralized... Read Story

Filed Under: Industry News
June 10, 2026 @ 07:00 AM

Snell & Wilmer announced that Julie B. Hamilton has joined the firm’s Seattle office as partner in the Commercial Finance practice group. Hamilton is a skilled finance attorney who represents regional lenders, national banks, and private lenders in a... Read Story

June 10, 2026 @ 07:00 AM

Jones Day announced that Braden Shaw has joined the Firm as a Partner in the Financial Markets Practice. Shaw is based in the Firm’s Chicago Office.Shaw is a commercial lending attorney with more than a decade of experience advising banks, financial... Read Story

June 10, 2026 @ 06:00 AM

Birks Group announced  the signing of a five-year CAN$32.5 million senior secured term loan facility with 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Group and the designated administrative agent under the facility. The new Term Loan... Read Story

Filed Under: Jewelry
June 09, 2026 @ 08:08 AM